Word: willametta
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Dates: during 1983-1983
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Things are just as sticky in other major proxy battles, which sometimes sound like plots from next year's Dallas shows. In Houston, the future of Superior Oil (1982 sales: $2 billion) is being fought over by Howard B. Keck, 69, the founder's son, and Willametta Keck Day, 67, the founder's daughter. Day, who owns 4.5 million of Superior's 127.4 million outstanding shares, wants to set up a committee of outside directors to consider takeover offers for 45% or more of the company's stock, now selling at $35 but valued...